EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit rating (L/Cs) are vital economic devices in Intercontinental trade, furnishing security and assurance to get-togethers associated with cross-border transactions. Amongst the assorted varieties of L/Cs, confirmed, transferable, and standby L/Cs Participate in specific and crucial roles in facilitating trade.Being famili